The construction of Samsun-Ceyhan pipeline is going to cost around $2 billion. Reshid Uman, head of Russia, Caucasus, and Central Asia Department, Ministry of Foreign Affairs of Turkey, said Friday, reports Trend.
According to Mr. Uman, "a feasibility study for this oil pipeline has been currently prepared. The cost of the oil pipeline will reach around $1.5-2 billion. The feasibility study has already been forwarded to Russia and Kazakhstan and we are really hoping that these countries will join the project."
The construction terms have not been defined so far. According to Mr. Uman, two companies have licenses for the construction -Italian "ENI" and Turkish "РЎalik." The MFA spokesperson stressed that Kazakhstan and Russia had not given their response so far.